Thursday, December 22, 2011

The recommendations of the Pension Implementations of the Committee (PIC) of the Employees’ Provident Fund Organisation to increase the minimum pension amount to Rs. 1,000/- per month for its subscribers is to be placed before the Central Board of Trustees, Employees Provident Fund {CBT(EPF)} in its ensuing meeting for its consideration.

Tuesday, December 20, 2011

It is learnt from sources that Govt. may decide to clear the increment issue between June and February as an one time measure in the meeting of the Anomaly Committee scheduled on 5th January 2012. This has been a long standing demand of the employees who lost one increment as a result of implementation of uniform increment date of 1st July after the sixth C.P.C.

Friday, December 16, 2011

The Govt. has issued 10% D.A. order with effect from 1st January 2012. The hike is applicable for the state Govt. employees only, as mentioned in the order.It has also increased the daily wage by Rs 21 for daily rated workers with effect from January 2012.View the Order

Pay and Accounts offices and treasuries have been instructed to issue cheques within 28th of the month to ensure first day payment. This is applicable for both teachers and non teaching staff.View the order dated 15.12.2011 in this regard.

Sunday, December 11, 2011

The last date to travel J & K by Air on LTC (Including Private Airlines) is 17.06.2012 and travel to north east region by Air is 30.04.2012. There is no confirmation to further extension of the relaxation to travel by air to Jammu&Kashmir and NER to Central Government serving employees. To view detailed orders in this regard Click HERE (90paisa.blogspot.com)

Friday, December 9, 2011

Housing Loan Schemefor the Employees of the Government of West Bengal iJi association withthe United Bank of India Under tie-up arrangementRate of interest with immediate effect :Upto 5 Years - 11%5 to 15 Years - 11.25%15 to 20 Years - 11.50%View the O.M. dated 30.11.2011

The 4th meeting of the National Anomaly Committee to discuss the anomalies arising out the implementation of the recommendations of the 6th Central Pay Commission is scheduled to be held on Thursday, the 5th January, 2012 at 3.00 P.M. in Room No.119, North Block, New Delhi, Secretary, Department of Personnel & Training will chair the meeting. The Agendapoints for the meeting will be published shortly.Source : Cgstaffnews

Wednesday, December 7, 2011

The West Bengal government on Wednesday announced the payment of a fresh instalment of 10 per cent of dearness allowance (DA) arrears for its employees. DA payouts, which will begin in January 2012, are likely to cause the cash-strapped State exchequer to fork out an additional Rs 250 crore every month.

CONFUSION

While a payout of the DA arrears was announced today, confusion remained over the employee categories who will be benefited.

The Chief Minister of West Bengal declared 10% DA for West Bengal Govt. employees from January 2012. At present West Bengal Govt employees are lagging 23% from Central Govt. employees. With this D.A. they will be lagging 13% from the Central counterparts. No statement regarding arrear pay announced however. This increase in DA involves an additional expenditure of 250 crores each month or 3000 crores in a year, she said further.Describing it as a "New Year gift" to the state government employees, she regretted that they were now lagging behind their counterparts in the central government by 23 percent as far as DA was concerned."Our financial position, thanks to the previous (Left Front) government, is precarious. It has left us burdened with a debt of Rs.2.03 lakh crore. But we will pay all the arrear DAs slowly," said the Chief Minister.In August this year, the new Trinamool Congress-Congress government of Banerjee had announced a three-month freeze on DA payment, citing financial constraints.

Monday, December 5, 2011

The Punjab government on Monday notified the grant of special increment to the police personnel. Similarly new enhanced pay scales for Junior Engineers, certain categories of employees of revenue department and of gram sewak/gram sewika have also been notified.

The Employees Provident Fund Organization (EPFO) is mulling over fixing the minimum pension for its subscribers at Rs 1,000 a month. The issue would be discussed by its trustees at their next meeting on December 23.

All India Bank Officers Association recently wrote a letter to Ministry of Finance with the following demands :1. Extension of special package of 6.5% of Revised Basic pay to officers of State Bank of India with effect from 01.11.2007.2. SBI offers to its new recruits 4 more increments than what nationalized Banks offer. This anomaly to be rctified.3. SBI has scheme under which its officers are given automatic upgradation of scales, based on seniority, upto Scale III. This to be extended to other banks also.4. Further, SBI provides three retiral benefits to its employees. Pension, Provident Fund and Gratuity. But in Nationalised Banks, officers get only two retiral benefits viz., Pension and Gratuity. This disparity leads to discrimination even after one’s retirement from service.5. 5day's week to be introduced in Banking sector.View the Full Text of the letter

State-run BSNL has submitted the details of the proposed voluntary retirement scheme (VRS) to the Telecom Ministry for employees who have completed the age of 45 years and have served on a regular basis for 15 years, Parliament was informed on 30.11.11.

The finance ministry wants India’s public sector banks to put in place a new human resource (HR) plan by the end of December, and submit the plan to the government, the majority owner of such banks, for “record and review”. The ministry has accepted as many as 56 recommendations of a committee that was set up in October 2009 to study HR issues at these banks, headed by former Bank of Baroda chief A.K. Khandelwal. It has also constituted an advisory group to guide each bank to formulate HR policies. The tenure of this panel is one year and can be extended.

Saturday, December 3, 2011

The government's decision to raise moribund interest rates on small savings instruments like the Public Provident Fund (PPF) and National Savings Certificates has triggered a clamour for a similar rate hike on the retirement savings of about eight crore government and organised sector workers.

From December 1, PPF deposits will earn interest at 8.6%, while a 10-year National Savings Certificate will yield 8.7%. The PPF rate had been at 8% since 2003-04, but with inflation hovering around double-digits and bank deposits paying more interest in recent times, small savings inflows had turned negative this year.

"....After careful consideration of the matter, the undersigned is directed by order of the Governor to state that 50% of the 3rd installment of arrear due to revision of Pay Allowances will be paid to the approved teaching and non-teaching employees of recognized Government Aided / Sponsored Educational Institutions and Madrasahs as listed in Annexure 1 (Sl. No. 1-15). ...."View the Order

Thursday, December 1, 2011

A meeting of the Associations was held on 29th November 2011 with the JS of DOP&T(Mr. Rajeev Kapoor). It was informed to the Associations that D.O.P&T would be taking its final decision on cadre restructuring very soon. It was understood that D.O.P&T has some reservation on the temporary approval of a section of the promotional posts .D.O.P&T further informed the delegation that the stagnation of Inspector & Superintendent in Central Excise has already been pointed out and it was intimated that they are trying to find out a tangible solution to do away with this discrimination In CBEC and a meeting with CBEC and D.O.P&T is well expected within the next week.

Bookmark This Page

All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "shyamali00@gmail.com" and I will remove it immediately on demand. All the other standard disclaimers also apply.